Mobile robots imply non-stationary robots, those that perform various operations according to their configuration. They are used for numerous industry operations as well as to perform critical activities in which human life can be exposed to risk.Mobile robotics technology is becoming increasingly popular in sectors such as logistics, warehousing, medical & healthcare and defense. It assists in efficiently managing industry specific activities, overcomes human constraints and optimizes cost by saving HR expenses. The study highlights key benefits that add competitive value to companies and market dynamics facilitates business planning.
The market is driven by factors such as sophistication of artificial intelligence software, converging robotics technology with mobile technologies. The market faces limitations due to time-consuming activities such as R&D, manufacturing and marketing. Better growth opportunities are perceived due to comparatively untapped markets in African countries and worldwide increasing defense spending.
Mobile Robotics Market by Navigation
According to navigation technologies, market is segmented into types such as unmanned ground vehicles (UGV), unmanned aerial vehicles (UAV), unmanned surface vehicles (USV) and autonomous underwater vehicles (AUV). UGV, which also includes automated guided vehicles (AGV) is the largest segment in the current market. UGV is expected to continue its market leadership due to growing demand of AGV in warehousing and distribution.
Mobile Robotics Market by Application
As per applications of the technology, market is classified into logistics & warehousing, defense, medical & healthcare, domestic, field applications, entertainment and others. Among all defense, logistics and warehousing segments are leading the market due to early adoption. Domestic applications market is becoming increasingly popular due to adoption of robotic vacuum cleaners, etc.
Mobile Robotics Market by Geography
From the geographical perspectives, the market is categorized into regions such as North America, Asia-Pacific, Europe and rest of the world (RoW). Asia-Pacific region is driving the market with largest share due to increase in defense applications, especially drones. In future, rest of the world is expected to drive the market due to increasing defense spending in middle-eastern countries.
Competitive Landscape
Companies are adopting expansion strategies via product innovation. For example, Bossa Nova Robotics is developing a personal robot for 21st century. Some of the market players are iRobot Corporation, Bossa Nova Robotics, Google, Honda Motors Co. Ltd., Harvest Automation, Amazon, Aethon, Seegrid Corp., ECA Robotics and Bluefin Robotics.
High Level Analysis
The bargaining power of customers is moderate due to entry of multiple companies in the market and high switch-over cost. Whereas, the bargaining power of suppliers is expected to gradually increase, due to lowering prices of sensors. Degree of intersegment rivalry is expected rise higher as numerous players are present in the market and many other players are expected to step in. Threat of substitutes is low/moderate since the only available substitute is human.
KEY BENEFITS
Competitive advantages realized from the mobile robotics technology are elaborated in business context to convey market potential to stakeholders
Segment-wise analysis with additional emphasis on responsible growth factors and opportunities for each segment facilitates companies in identifying their market targets
Porter’s five forces analysis assists new entrants to understand threats in the market. Value chain analysis and SWOT analysis explained in study illuminates market’s ecosystem.
Market trends and opportunities are elaborated and substantiated with forecast for period 2014-20. This, along with top winning strategies, guides companies for effective strategy formulation
MOBILE ROBOTICS MARKET KEY DELIVERABLES
The market is driven by factors such as sophistication of artificial intelligence software, converging robotics technology with mobile technologies. The market faces limitations due to time-consuming activities such as R&D, manufacturing and marketing. Better growth opportunities are perceived due to comparatively untapped markets in African countries and worldwide increasing defense spending.
Mobile Robotics Market by Navigation
According to navigation technologies, market is segmented into types such as unmanned ground vehicles (UGV), unmanned aerial vehicles (UAV), unmanned surface vehicles (USV) and autonomous underwater vehicles (AUV). UGV, which also includes automated guided vehicles (AGV) is the largest segment in the current market. UGV is expected to continue its market leadership due to growing demand of AGV in warehousing and distribution.
Mobile Robotics Market by Application
As per applications of the technology, market is classified into logistics & warehousing, defense, medical & healthcare, domestic, field applications, entertainment and others. Among all defense, logistics and warehousing segments are leading the market due to early adoption. Domestic applications market is becoming increasingly popular due to adoption of robotic vacuum cleaners, etc.
Mobile Robotics Market by Geography
From the geographical perspectives, the market is categorized into regions such as North America, Asia-Pacific, Europe and rest of the world (RoW). Asia-Pacific region is driving the market with largest share due to increase in defense applications, especially drones. In future, rest of the world is expected to drive the market due to increasing defense spending in middle-eastern countries.
Competitive Landscape
Companies are adopting expansion strategies via product innovation. For example, Bossa Nova Robotics is developing a personal robot for 21st century. Some of the market players are iRobot Corporation, Bossa Nova Robotics, Google, Honda Motors Co. Ltd., Harvest Automation, Amazon, Aethon, Seegrid Corp., ECA Robotics and Bluefin Robotics.
High Level Analysis
The bargaining power of customers is moderate due to entry of multiple companies in the market and high switch-over cost. Whereas, the bargaining power of suppliers is expected to gradually increase, due to lowering prices of sensors. Degree of intersegment rivalry is expected rise higher as numerous players are present in the market and many other players are expected to step in. Threat of substitutes is low/moderate since the only available substitute is human.
KEY BENEFITS
Competitive advantages realized from the mobile robotics technology are elaborated in business context to convey market potential to stakeholders
Segment-wise analysis with additional emphasis on responsible growth factors and opportunities for each segment facilitates companies in identifying their market targets
Porter’s five forces analysis assists new entrants to understand threats in the market. Value chain analysis and SWOT analysis explained in study illuminates market’s ecosystem.
Market trends and opportunities are elaborated and substantiated with forecast for period 2014-20. This, along with top winning strategies, guides companies for effective strategy formulation
MOBILE ROBOTICS MARKET KEY DELIVERABLES
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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